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In House Financing
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Financing your education at Polished Prep Academy offers several advantages for potential Professional Students:
1. Financial Freedom: By choosing to finance your education, you can continue growing or starting your business while simultaneously acquiring new skills. This allows you to maintain financial stability and flexibility throughout your educational journey.
2. Flexibility in Payments: Financing your education frees you from the burden of paying a large lump sum of money upfront. Instead, you have the option to make more manageable payments over a set period of time.
3. Credit-Building Opportunity: Obtaining a continuing education loan with Polished Prep Academy provides an opportunity to build credit. By consistently making full and on-time payments, you establish a positive credit history, which can be advantageous for future credit interactions.
By taking advantage of financing options at Polished Prep Academy, you can pursue your education while maintaining financial stability and building a strong credit foundation for your future endeavors.
Terms and Conditions for PPA's In-House Financing:
1. Late Payment Fees: If a tuition payment is late by one day, a late fee of $25 will be applied.
2. Termination of Program: In the event of non-payment, if a student's account remains delinquent beyond the third day, they will be terminated from the program. Additionally, a $175 re-enrollment fee, in addition to the outstanding balance, will be charged.
3. Full Deposit Payment: To be eligible for in-house financing, deposits must be paid in full before the program's commencement. This is in addition to tuition. The full amount excluding deposit financed will be $6500 not including interest ).
4. Implications for Late Payments: Late payments for tuition not only result in late fees but also lead to the loss of in-house financing privileges. Furthermore, any scholarships or grants awarded by PPA may also be forfeited as a result of late payments.
5. Interest Rates: Interest rates will be added to the final bill for in-house financing.
By submitting an application for in-house financing, you acknowledge and agree to these terms and conditions.
It is important to adhere to the payment schedule and make timely payments to avoid late fees, program termination, and the loss of financing privileges and applicable scholarships or grants.